£332,851
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 5 Aug 2016 |
| £221,000 | 19 Oct 2007 |
| £160,000 | 7 Oct 2005 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in August 2016 the House Price Index for SUFFOLK was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £250,000 results in an estimated price of approximately £332,851.
| 5 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £250,000 | £82,851 | £332,851 |
The Postcode Pricing Model uses changes in average sales price within the IP17 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -25.624 % | £-64,060 | £185,939 |
| 3 Month Average | 4.726 % | £11,815 | £261,815 |
| 6 Month Average | 28.411 % | £71,027 | £321,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £299,236 | £294,000 | 20 SAXON ROAD |
| 5 Dec 2023 | £223,918 | £220,000 | 66 MILL ROAD |
| 7 Nov 2023 | £345,109 | £340,000 | 75 FAIRFIELD ROAD |
| 29 Aug 2023 | £489,280 | £485,000 | 29 RENDHAM ROAD |
| 17 Aug 2023 | £133,165 | £132,000 | 29 PARK AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 Mar 2016. Using an estimated price of £332,852 means this house is valued at £4,823 per sq meter (£448 per sq foot).
The average size of a house on RENDHAM ROAD is 127 sq meters (1,373 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rendham Road |
| Mar 2024 | Other theft | Under investigation | On or near Rendham Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Rendham Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rendham Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rendham Road |